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Institutions And Economic Performance In Southern Mediterranean Partner Countries (Smpcs): A Renewed Policy Agenda To Tackle Institutional Failure
This policygraphic provides the critical issues and the policy proposals based on EMNES Policy Paper 005 with visual graphics
After reviewing the most recent empirical research on the effect that institutions have on economic performance, including research carried out under the framework of EMNES, the paper identifies two types of institutional failure pervasive in Southern Mediterranean Partner Countries (SMPC).